I am more comfortable doing the buy and hold method but so far, that hasn't gotten me out of the hole.

Like starting any business, wholesaling will require a marketing strategy, an understand of the process, methods to finding properties to wholesale (that investors will actually want), methods to reach out to investors once properties are under contract, etc.

Just because you can or could do something doesn't mean you should for the sake of razzel dazzle....You don't try force something to make a deal out of every property.The straight forward method here is for you to get a loan to pay off the tax bill, she subordinates the property for collateral for the loan, then you buy it and she finances the balance, but even that is probably too much brain damage, unless there aren't any other deals to be had.

I am looking at creating a quality buyers list .

Im still listening to all the cds and dvds but it is quality stuff so far.

A big thing that will help you become successful is consistency and persistence. 2 Qualities I rarely see in younger people.

I know I can be successful in either one, so I'm not sure what I method I should use to choose where to go.I hadn't heard that saying before, but it makes a very valid point.

I'm buying a foreclosure for $84K, ARV should be $125-$130K based on comps, maybe a little higher based on quality and condition. 3/2.5/2 1720 Sq Ft, 1988 construction.The loan package consists of a 6 month IO construction/rehab loan where they will loan me 75% of estimated ARV now, then refi into a 30 yr fixed when work is complete.The ARV is determined by the appraiser based on comps and based on a list of improvements that I intend to make.

She is inexperienced with investment properties, but I nonetheless chose to trust her over trusting someone of whom I no prior knowledge.For these reasons, I will continue to buy in Springfield until:1) the market of viable multi-families is tapped out (which shouldn't take long), or2) I learn enough to feel confident investing in other markets with the help of other professionals.I am very interested in hearing what advice you have to offer to a noob in my situation, getting recommendations of quality turn-key services providers in other markets, and in connecting with other people who can help me in Illinois (a finance person comes to mind first).Thanks, BP!

I have no problem with people selling educational material, if it is good quality material then it will help both the buyer and author make a living.